Warrior Music Foundation Inc

Analysis

Warrior Music Foundation Inc is a registered charity in United States, based in Bowie, MD. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Warrior Music Foundation Inc reported income of $76k and spending of $77k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $76k (-6.4%), an average of -6.4% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Warrior Music Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within MD. Charities of a similar size with the same main cause include Road Runners Club of America ($76k), GFWC Womans Club of Panama City Fla Inc ($76k) and Whiteaker Community Council ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $53k against liabilities of $26k, net assets of $27k.